1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
marshall27 [118]
3 years ago
6

Economists know it is best to track inflation because a. It distorts prices b. It distorts statistics about overall economic per

formance c. it makes prices rise d. it worries people​
Business
1 answer:
UkoKoshka [18]3 years ago
5 0

Answer:

c. it makes prices rise

Explanation:

Inflation describes a situation where there is a general increase in prices in the country. Inflation is directly linked to economic growth. A high growth rate results in high inflation.

Inflation causes prices to rise, reducing the purchasing power of money. A reduction in purchasing power means a unit of money will buy fewer items than it did previously. The government puts in measures to counter inflation to stabilize prices and prevent erosion of purchasing power.

Low inflation indicates slow economic growth, low employment, and a reduction in prices.

You might be interested in
good management can lead to the success of a business entity with the aid of a field research analyse the viability of the funct
serious [3.7K]
True. Good management can lead to the success of a business entity with the aid of a field research analyst and the viability of the functions of management. Having good management directly relates to having a smooth running operation. The management team makes sure their individual groups are operating how they should and working efficiently for the overall goals to be met.  
8 0
3 years ago
What should you do 10 to 15 minutes before a webinar begins?
goblinko [34]
Go to the bathroom, get a glass of water and review you topics.
8 0
3 years ago
When cash outflows temporarily exceed cash inflows, banks are most likely to experience:
Musya8 [376]
C. a negative duration on it's assets.
3 0
3 years ago
Explain one reason why it might be an advantage for a business to set up on a busy high street.
Akimi4 [234]

Answer:

High traffic

Explanation:

Higher traffic means more visibility, more visibility means more customers.

7 0
2 years ago
Suppose buyers of fountain drinks are required to send $0.50 to the government for every fountain drink they buy. Further, suppo
Mekhanik [1.2K]

Answer:

d. All of the above are correct.

Explanation:

a. This tax causes the demand curve for fountain drinks to shift downward by $0.50 at each quantity.

b. The price paid by buyers is $0.30 per drink more than it was before the tax.

This is true as the difference between $0.50 and $0.20 is $0.30. The price paid by buyers is indeed $0.30 per drink more than it was before the tax.

c. Forty percent of the burden of the tax falls on the sellers.

This is true as $0.20 of $0.50 is 40% and this tax burden falls on the sellers.

8 0
3 years ago
Other questions:
  • True or false: in restaurants, tipping is not customary because it violates the tradition of tahitian hospitality.
    6·2 answers
  • Why should companies be careful to report cash and cash equivalents correctly?
    15·1 answer
  • Where do banks get money to lend to borrowers?
    8·1 answer
  • Thomas is thinking about the car he wants to buy in a few years. He doesn't know what he should do right now so that he can buy
    9·2 answers
  • Which of the following are not considered earned income for EIC computations? a. Wages b. Tips c. Interest earned from a bank ac
    10·1 answer
  • A company received a bank statement with a balance of $ 6 comma 000.Reconciling items included a bookkeeper error of $ 300long d
    15·1 answer
  • Beam Satellite Network has decided to offer a one-hour appointment window for customers needing installation or repair of its se
    13·1 answer
  • Managers take broad strategic plans and turn them into operational blueprints with specific objectives and programs. The manager
    11·1 answer
  • 7. You are going to open a business making custom cabinets. You can sell each cabinet for $80. It takes a cabinetmaker approxima
    14·1 answer
  • Four importance of Engineering​
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!